Budget 2018 on Agriculture: Can new MSP prop up rural economy?
FM Arun Jaitley, in his budget speech announced that the government will fix minimum support prices (MSP) for crops at 50% over costs
New Delhi: Following consecutive years of low crop prices which led to farmer protests in several states, finance minister Arun Jaitley on Thursday announced that the government will fix minimum support prices (MSP) at 50% over costs—ceding to a major demand of farmer organizations.
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